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The Mexican Mining Chamber (Camimex) opposes the ban on open-pit mining, saying such a prohibition would cause a 1% contraction in the country's GDP and threaten some 200,000 jobs.
In 2023, mining in Mexico represented 2.4% of the nation's gross domestic product, and 8.2% of Mexico's industrial GDP.The mining sector employed 350,000 people in 2020, and generated US$1.5 billion in direct government tax revenue, and an additional US$1.84 billion of government revenue from exports of mined natural resources.
Mexico's miners on Wednesday asked the U.S. government to consider their sector in talks over the reopening of key areas of the Mexican and U.S. economies once quarantine measures imposed over the ...
Toquepala Mine in 2003, viewed from ISS.The open pit was then 2.5 kilometers across.. Southern Copper Corporation is a mining company that was founded in 1952. The current incarnation of Southern Copper can be traced to the 2005 acquisition of Southern Peru Copper Corporation by the Mexican copper producer Minera México.
MEXICO CITY (Reuters) -Mexico's Senate on Thursday passed a measure to abolish the autonomous bodies that regulate some economic sectors and ensure government transparency, a reform that has ...
Peñoles is the second largest Mexican mining company, the first Mexican producer of gold, zinc and lead and the world leader in silver production. Peñoles is a company with active mines within Mexico and with some prospection projects in South America.
President Andrés Manuel López Obrador said Thursday that he will propose legislation to Mexico's congress that would ban subcontracting or outsourcing of jobs by private companies, except with ...
In 1848, the Mexican–American War concluded and Alta California (that includes the modern US state of California, plus nearby regions) became part of the United States. . At around the same time, gold was discovered in California, leading to an influx of miners into California, both from within the United States, and from other regions, primarily China and Latin America (including Mexico ...